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Piramal Enterprises raises Rs 1,000 crore via NCDs

08 Nov 2022 Evaluate

Piramal Enterprises has raised Rs 1,000 crore through the allotment of 10,000 Secured, Rated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 10,00,000 on private placement basis. The Meeting of Administrative Committee (‘Committee’) of the Board of Directors of the Company held on November 7, 2022, has approved allotment of the same.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

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